Improving The Accuracy And Speed Of Accounts Payable Processing With RPA

AI And Automation

THE CLIENT

The client is a leading provider of aseptic packaging services for the food, dairy, and beverage industries in the European Union.

THE CHALLENGE

The client’s accounts payable team was manually processing the invoices received from its vendors/suppliers. On an average, it required about 5 to 15 days to process an invoice. The steps involved in this included – receiving the invoice, reviewing the invoice, approving the payment for the invoice, and making the payment to the suppliers/vendors.

Manual processing increased the transaction costs and administrative overheads, leading to an ineffective procure-to-pay cycle. The errors in manual processing led to delayed settlement, incomplete and duplicate payments, penalties imposed by the vendors/suppliers for late payment, and suppliers delaying the items ordered due to delayed payment.

The client decided to implement Robotic Process Automation (RPA) to automate, streamline, and enhance the efficiency of AP processing operations. They engaged HTC Global Services to design, develop, and implement the customized RPA solution.

    Fill the form to download the Success Story

    All fields marked with * are mandatory
    SHARE

    Related Resources

    Unlocking The Power Of Copilot: Improving Dynamics 365 CE With Next-Generation AI
    Blog
    Microsoft Dynamics 365
    Unlocking The Power Of Copilot: Improving Dynamics 365 CE With Next-Generation AI
    Transforming Epic Provisioning With RPA
    Success Story
    Healthcare - EMR - Automation
    Transforming Epic Provisioning With RPA
    SPOTLIGHT ON OUR  DATA AND ANALYTICS SERVICE PORTFOLIO
    Video
    Analyst Mention
    SPOTLIGHT ON OUR DATA AND ANALYTICS SERVICE PORTFOLIO
    How The Changing Cybersecurity Landscape Is Transforming The Role Of CISOs In 2024?
    Blog
    Cybersecurity
    How The Changing Cybersecurity Landscape Is Transforming The Role Of CISOs In 2024?
    Unleashing Test Automation For Insurance Transformation
    Brochure
    HTC Test Automation Solution For Insurance
    Unleashing Test Automation For Insurance Transformation
    The Pros And Cons With A Long-term IT Partner – Are 5+ Year Deals Dead?
    Blog
    Digital
    The Pros And Cons With A Long-term IT Partner – Are 5+ Year Deals Dead?
    Arrow upward